Pi Network Starts Second Migrations After Pi Day, Yet Pioneers React Critically
Pi Network’s Core Team announced that “second migrations” began after Pi Day (Mar 14) and are still rolling out. The process is meant to let eligible Pioneers bring additional PI tokens to Mainnet and join ecosystem participation again. Users who already completed one migration can qualify to migrate a second transferable batch.
Key details include eligibility for users who have passed KYC, and that second migrations will also include referral mining bonuses tied to Referral Team members who have fully passed KYC. The team said nearly 120,000 Pioneers have reportedly completed second migrations since the rollout started two weeks ago.
Importantly for market expectations, the Core Team emphasized that second migrations do not reduce the speed or throughput of first migrations. First migrations remain prioritized, and Pioneers who have not finished their first migration are not affected by others’ second migrations.
Despite the technical rollout, many community members remain unimpressed. Comments on the team’s X post included complaints about tokens being returned even after successful migration, issues related to completing 2FA long ago without resolution, and skepticism that the project is a “scam.” Some users also claimed their second migration status is still pending.
Overall, Pi Network’s second migrations are underway, but trader sentiment may be mixed due to persistent community friction and uncertainty around individual migration outcomes.
Neutral
Pi Network has initiated its second migrations post–Pi Day, with a stated scale (nearly 120,000 Pioneers) and clear operational claims that first migrations keep priority. Those facts can be supportive for holders who expect additional PI token liquidity over time.
However, the article also highlights persistent community complaints—returned balances after “successful” migration, pending second migrations, and broader skepticism. This type of backlash often reduces confidence in execution reliability, which can limit immediate price enthusiasm even when supply-unlock-like events are occurring.
In the short term, the rollout is unlikely to trigger a clean, market-wide bullish move because traders may discount the news due to user-level uncertainties. In the long term, if migration outcomes stabilize and more users successfully reach Mainnet, sentiment could gradually improve and increase participation. Similar to past ecosystem “migration/migration-backlog” cycles in other crypto communities, investor focus tends to shift from announcements to verifiable user outcomes and measurable throughput over subsequent weeks.